The PE ratio for Veeva Systems stock stands at 62.22 as of May 3, 2024. This is based on the current EPS of $3.27 and the stock price of $203.45 per share. An increase of 8% has been seen in the P/E ratio compared to the average of 57.8 of the last 4 quarters.
Over the last ten years, the average PE ratio of Veeva Systems has been 79.13. The current 62.22 PE ratio is 21% below the historical average. Over the past ten years, VEEV's PE ratio was at its highest in the Jul 2020 quarter at 119.71, with a price of $264.57 and an EPS of $2.21. The Oct 2023 quarter recorded the bottom point at 53.98, with a price of $192.71 and an EPS of $3.57.
Maximum annual increase: 52.64% in 2021
Maximum annual decrease: -41.64% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 63.43 | 16.77% |
| 2023 | 54.32 | -35.93% |
| 2022 | 84.78 | -22.72% |
| 2021 | 109.7 | 52.64% |
| 2020 | 71.87 | 4.78% |
| 2019 | 68.59 | 17.85% |
| 2018 | 58.2 | -21.63% |
| 2017 | 74.26 | 26.34% |
| 2016 | 58.78 | -36.64% |
| 2015 | 92.77 | -41.64% |
VEEV's current P/E ratio is below the 3, 5 and 10-year averages.
VEEV's PE ratio is higher than its peer stocks MSFT and HSTM.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MSFT Microsoft Corp | 35.09 | $3.02T |
| HSTM Healthstream Inc | 46.6 | $821.65M |
| VEEV Veeva Systems Inc | 62.22 | $32.82B |
| MODN Model N Inc | N/A | $1.16B |
The price to earnings ratio for VEEV stock is 62.22 as of May 3, 2024.
The average PE ratio for VEEV stock over the past 3 years is 74.74.
The average PE ratio for VEEV stock over the past 5 years is 83.56.
In the last ten years, the Jul 2020 quarter recorded the highest quarterly PE ratio at 119.71.
VEEV's current price to earnings ratio is 21% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Veeva Systems's stock price is $203.45. The earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $3.27. Therefore, Veeva Systems's P/E ratio for today is 62.22. PE RATIO(62.22) = STOCK PRICE($203.45) / TTM EPS($3.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.